According to Jan Guldentops, CEO of BA, banks require application intelligence, as the next level of security.

Guldentops said the process needed to go a level further. “We started out filtering ports, then came the stateful inspection firewall, then we added intrusion prevention systems, and now we need application intelligence. It’s the next level and means you need a more intelligent firewall,” he said.

In an interview with ZDNet UK British banks are wasting thousands of pounds on firewalls that are not doing their job.

The full article “Firewalls failing to protect banks, says security expert” can be read here.